EUR/CAD

Sell EUR/CAD – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 1.50035 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 1.51619 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High 1.52267
2nd High 1.51756
Next High 1.51619
Current Price 1.50306
Next Low 1.50035
2nd Low 1.49357
3rd Low 1.49162

Download EUR/CAD Signal Image

Trading Signals:

Sell EUR/CAD – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 1.50035 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 1.50449 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 1.51756
2nd High 1.51619
Next High 1.50449
Current Price 1.50223
Next Low 1.50152
2nd Low 1.50035
3rd Low 1.49357

Download EUR/CAD Signal Image

Trading Signals:

Buy EUR/CAD – 30M – BUY

The currency pair breaks through the bearish trendline up.

An ascending movement up to the next resistance level at 1.50449 is certain.

Caution: A possible reversal of the trend in the direction of support at 1.50152 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 1.51756
2nd High 1.51619
Next High 1.50449
Current Price 1.50378
Next Low 1.50152
2nd Low 1.50035
3rd Low 1.49357

Download EUR/CAD Signal Image

Trading Signals:

Sell EUR/CAD – 1H – SELL

The currency pair goes from the bearish trendline down.

A continuation of the downtrend downwards to the next support level at 1.50035 is expected.

Caution: A possible counter-trend in the direction of the resistance level at 1.51619 could occur.
Consider stop-loss settings accordingly.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 1.50035 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support zone at 1.51619 could occur.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 1.52267
2nd High 1.51756
Next High 1.51619
Current Price 1.50319
Next Low 1.50035
2nd Low 1.49357
3rd Low 1.49162

Download EUR/CAD Signal Image

Trading Signals:

Sell EUR/CAD – 30M – SELL

The pair jumps from the descending trendline down.

A continuation of the downward movement downwards to the next support line at 1.50152 will persist.

Caution: A possible trend reversal in the direction of the resistance zone at 1.50449 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.50035 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 1.50449 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 1.51756
2nd High 1.51619
Next High 1.50449
Current Price 1.50286
Next Low 1.50152
2nd Low 1.50035
3rd Low 1.49357

Download EUR/CAD Signal Image

Trading Signals:

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